{"id":604412,"date":"2018-12-03T04:10:21","date_gmt":"2018-12-03T04:10:21","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/03\/egypts-edita-food-industries-to-invest-egp-300-350-mn-next-year-to-increase-capacity\/"},"modified":"2018-12-03T04:10:21","modified_gmt":"2018-12-03T04:10:21","slug":"egypts-edita-food-industries-to-invest-egp-300-350-mn-next-year-to-increase-capacity","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/03\/egypts-edita-food-industries-to-invest-egp-300-350-mn-next-year-to-increase-capacity\/","title":{"rendered":"Egypt\u2019s Edita Food Industries to invest EGP 300-350 mn next year to increase capacity"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-05\"><\/a> <b>Edita is planning to invest EGP 300-350 mn next year<\/b> to increase production capacity and finance overseas expansion, CEO and Chairman Hani Berzi said, <a href=\"https:\/\/www.almalnews.com\/Story\/401075\/11\/%C2%AB%D8%A5%D9%8A%D8%AF%D9%8A%D8%AA%D8%A7%C2%BB-%D8%AA%D8%B9%D8%AA%D8%B2%D9%85-%D8%B6%D8%AE-%D8%A7%D8%B3%D8%AA%D8%AB%D9%85%D8%A7%D8%B1%D8%A7%D8%AA-%D8%A8%D9%82%D9%8A%D9%85%D8%A9-350-%D9%85%D9%84%D9%8A%D9%88%D9%86-%D8%AC%D9%86%D9%8A%D9%87-%D9%81%D9%89-2019\">according to Al Mal<\/a>. We had <a href=\"https:\/\/enterprise.press\/stories\/2018\/12\/02\/edita-eyes-10-growth-in-exports-over-the-next-two-years\/\">noted yesterday<\/a> that market-leading producer of packaged snack foods is targeting a 10% growth in exports over the next two years.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Edita is planning to invest EGP 300-350 mn next year to increase production capacity and finance overseas expansion, CEO and Chairman Hani Berzi said, according to Al Mal. We had noted yesterday that market-leading producer of packaged snack foods is targeting a 10% growth in exports over the next two years.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[72,900,2394,131,338,2380,132],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-604412","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-food-and-beverage","tag-hani-berzi","tag-manufacturing","tag-retail","tag-speed-round","tag-trade","wpautop","entry"],"acf":{"mongo_id":"d5569335-57b7-4f4b-8a2a-3ced42b0bbb3","order":"0","is_powered_by":true,"section_story_id":"a2d1b0a1-513f-40d0-8484-af6cecd07bce","story_type":"1","photo_url":"","photo_position":"above","related_issue":[604400],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Egypt\u2019s Edita Food Industries to invest EGP 300-350 mn next year to increase capacity - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/03\/egypts-edita-food-industries-to-invest-egp-300-350-mn-next-year-to-increase-capacity\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt\u2019s Edita Food Industries to invest EGP 300-350 mn next year to increase capacity\" \/>\n<meta property=\"og:description\" content=\"Edita is planning to invest EGP 300-350 mn next year to increase production capacity and finance overseas expansion, CEO and Chairman Hani Berzi said, according to Al Mal. We had noted yesterday that market-leading producer of packaged snack foods is targeting a 10% growth in exports over the next two years.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/03\/egypts-edita-food-industries-to-invest-egp-300-350-mn-next-year-to-increase-capacity\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-12-03T04:10:21+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/03\/egypts-edita-food-industries-to-invest-egp-300-350-mn-next-year-to-increase-capacity\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/03\/egypts-edita-food-industries-to-invest-egp-300-350-mn-next-year-to-increase-capacity\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Egypt\u2019s Edita Food Industries to invest EGP 300-350 mn next year to increase capacity\",\"datePublished\":\"2018-12-03T04:10:21+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/03\/egypts-edita-food-industries-to-invest-egp-300-350-mn-next-year-to-increase-capacity\/\"},\"wordCount\":65,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"food and beverage\",\"Hani Berzi\",\"Manufacturing\",\"retail\",\"SPEED ROUND\",\"trade\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/03\/egypts-edita-food-industries-to-invest-egp-300-350-mn-next-year-to-increase-capacity\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/03\/egypts-edita-food-industries-to-invest-egp-300-350-mn-next-year-to-increase-capacity\/\",\"name\":\"Egypt\u2019s Edita Food Industries to invest EGP 300-350 mn next year to increase capacity - 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Edita, which already owns 77.7% of its candymaking arm,\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":572848,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/12\/mars-wrigley-to-increase-investments-in-egypt-over-the-next-two-years\/","url_meta":{"origin":604412,"position":1},"title":"Mars Wrigley to increase investments in Egypt over the next two years","author":"enterpriseam admin","date":"12 July 2020","format":false,"excerpt":"INVESTMENT WATCH- Mars Wrigley is planning to increase its investments in Egypt over the next two years, Mars Egypt Director Dalia Salib said on Thursday, according to a cabinet statement. Salib did not specify how much the confectioner plans to invest during this time period, but noted that it has\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":612379,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/21\/edita-wants-to-invest-1-egp-bn-to-expand-production-capacity\/","url_meta":{"origin":604412,"position":2},"title":"Edita wants to invest 1 EGP bn to expand production capacity","author":"enterpriseam admin","date":"21 December 2023","format":false,"excerpt":"The company\u2019s sales saw a 20% y-o-y in 2023","rel":"","context":"In &quot;Investment Watch&quot;","block_context":{"text":"Investment Watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/investment-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/10\/428.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":634802,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/24\/edita-looking-into-overseas-production-expansion\/","url_meta":{"origin":604412,"position":3},"title":"Edita looking into overseas production, expansion","author":"enterpriseam admin","date":"24 January 2018","format":false,"excerpt":"Edita, Egypt\u2019s largest producer of packaged snack food, is planning to start overseas operations to offset local currency fluctuations, Bloomberg\u2019s Tamim Elyan writes. Chairman and Managing Director Hani Berzi says Edita is seeking to expand in sub-Saharan Africa and Asia through manufacturing projects and exports. The company had already announced\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":627391,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/31\/earnings-watch-edita-reports-2q2018-results\/","url_meta":{"origin":604412,"position":4},"title":"Earnings Watch: Edita reports 2Q2018 results","author":"enterpriseam admin","date":"31 July 2018","format":false,"excerpt":"\u00a0EARNINGS WATCH-\u00a0Edita Food Industries recorded a net profit of EGP 25.1 mn in 2Q2018, up from a net loss of EGP 1.7 mn during the same period last year, according to the company\u2019s earnings release (pdf). 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Berzi played football, studied engineering, and went into trading for a while, but nothing called to him. 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